Jan 20,2020 | 15 min read

Comparative Study On One Person Company, Private Limited Company & Sole Proprietorship Concern

Author - Vidya Sharadha

The term “company” has different definitions based on the country it is situated in. In India, this term is referred to as an artificial legal person with an independent legal entity with a legal perpetual succession… and so on. This understanding or feature acts as a shield for entrepreneurs to protect and separate their personal assets from the business.

There are various types of companies can be registered. Among many of them, we take a detailed look at features, similarities & differences amongst the three mostly-registered types in this article:

  1. One Person Company (OPC),
  2. Private Limited Company, and
  3. Sole Proprietorship Company

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Vidya Sharadha

I have a small but a compact firm which advises corporates ranging from startups and MSMEs to Listed Companies on legal & corporate compliance under various laws including Foreign Exchange Regulations, Labor Laws, Intellectual Property rights and other matters.